337 Numeracy Lane

Property Overview: 337 Numeracy Lane, Leila North, Winnipeg

Key Characteristics & Appeal

This property presents a unique profile defined by its exceptionally low municipal assessed value of $12,700, which stands in stark contrast to the city-wide average for comparable homes (approximately $390,000). The lot size of 2,750 sqft is also notably smaller than both neighbourhood and city averages. While specific details on the year built and living area are not provided in the public data, the assessed value and land area rankings indicate this is an outlier property within Leila North and across Winnipeg.

Its primary appeal lies in its potential as a foundational investment or a redevelopment opportunity. The low assessed value suggests a very low annual property tax burden, which could be attractive for land banking or for a buyer with plans to build new. It would suit a specific type of buyer: a developer or investor with a vision for the lot, someone looking for the most affordable entry point into the Winnipeg market, or a buyer primarily motivated by minimizing ongoing property taxes. A less obvious perspective is that such a stark data outlier can sometimes represent either a significant discount for the right project or require extra due diligence to understand the full context behind the numbers.

Frequently Asked Questions

1. Why is the assessed value so much lower than nearby properties?
Extremely low assessed values can result from several factors, including a structure that is deemed to have minimal value (possibly a tear-down), unique legal or zoning circumstances, or a recent subdivision. The listing suggests requesting the exact price history for clearer insight.

2. What can I actually build on a 2,750 sqft lot?
Lot size and zoning regulations dictate what can be built. This lot is smaller than the average for the area, so it’s essential to verify the specific zoning with the city to understand allowable property types, building size, and setbacks before making plans.

3. Is this a vacant lot or is there a house on it?
The listing does not specify. The low assessed value often points to a vacant lot or a structure with negligible value. Reviewing the neighbourhood map analysis linked in the details or conducting a site visit is necessary to confirm.

4. How reliable are the "top percentile" rankings shown?
The rankings visually highlight how this property compares statistically. For example, being in the "Top 0%" for low assessed value in the neighbourhood simply confirms it is an extreme outlier compared to other homes in Leila North.

5. How do I find out the exact historical sale prices?
As no sales history is publicly displayed for this listing, you must request it directly via the email form provided. The service manually provides accurate sold price data upon request.